Hua Nan Financial Holdings Co., Ltd. (TPE: 2880)

Hua Nan Financial Holdings Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	98,955	87,744	54,852	36,597	36,863	45,056
Interest Paid on Deposits	72,518	59,876	21,674	8,596	12,221	19,643
Net Interest Income	26,437	27,868	33,178	28,000	24,643	25,414
Net Interest Income Growth (YoY)	-9.34%	-16.00%	18.49%	13.63%	-3.03%	-4.32%
Gain (Loss) on Sale of Assets	762.7	639.27	460.7	536.8	506.67	698.77
Gain (Loss) on Sale of Investments	15,048	14,990	19,520	1,538	-8,325	4,884
Gain (Loss) on Sale of Equity Investments	-2.49	-2.42	8.82	12.42	8.67	6.04
Other Non-Interest Income	23,423	16,035	521.97	21,036	23,132	15,702
Total Non-Interest Income	39,231	31,662	20,511	23,123	15,322	21,291
Non-Interest Income Growth (YoY)	41.91%	54.36%	-11.29%	50.91%	-28.03%	9.49%
Revenues Before Loan Losses	65,668	59,530	53,689	51,123	39,965	46,704
Provision for Loan Losses	4,269	2,294	3,312	2,750	2,062	1,409
Revenue	61,399	57,235	50,377	48,373	37,903	45,295
Revenue Growth (YoY)	11.15%	13.61%	4.14%	27.62%	-16.32%	6.64%
Salaries and Employee Benefits	20,233	19,276	18,012	18,443	16,494	16,738
Occupancy Expenses	2,116	2,092	2,080	2,128	2,186	2,144
Selling, General & Administrative	10,472	9,423	8,174	7,523	7,122	7,321
Other Non-Interest Expense	198.37	187.81	1,096	692.38	911.68	396.18
Total Non-Interest Expense	33,019	30,978	29,362	28,786	26,713	26,599
EBT Excluding Unusual Items	28,380	26,257	21,015	19,587	11,190	18,696
Asset Writedown	-62.15	-62.15	-22.02	-50.59	-0.09	-0.09
Pretax Income	28,318	26,195	20,993	19,537	11,190	18,696
Income Tax Expense	5,737	4,577	3,685	2,330	2,536	2,741
Earnings From Continuing Operations	22,581	21,618	17,308	17,206	8,653	15,955
Minority Interest in Earnings	-0.17	-0.13	-0.13	-0.12	-0.13	-0.1
Net Income	22,581	21,618	17,308	17,206	8,653	15,955
Net Income to Common	22,581	21,618	17,308	17,206	8,653	15,955
Net Income Growth	11.20%	24.90%	0.59%	98.84%	-45.76%	9.12%
Basic Shares Outstanding	13,779	13,779	13,779	13,779	13,779	13,779
Diluted Shares Outstanding	13,779	13,779	13,779	13,779	13,779	13,779
Shares Change (YoY)	0.00%	-	-	0.00%	-0.00%	0.00%
EPS (Basic)	1.64	1.57	1.26	1.25	0.63	1.16
EPS (Diluted)	1.64	1.57	1.26	1.25	0.63	1.16
EPS Growth	11.20%	24.90%	0.59%	98.84%	-45.76%	9.12%
Dividend Per Share	1.188	1.188	0.584	0.747	0.247	0.495
Dividend Growth	103.37%	103.37%	-21.78%	202.14%	-50.06%	8.41%
Effective Tax Rate	20.26%	17.47%	17.55%	11.93%	22.67%	14.66%

Source: S&P Capital IQ. Banks template. Financial Sources.